Examlex
A way of punishing criminal and deviant behavior based on rituals of public disapproval rather than incarceration is called:
Total Costs
The sum of all expenses incurred by a business in the production of goods or services, including fixed and variable costs.
Output
The amount of goods or services produced by a company, industry, or economy within a specified period.
VC
Venture Capital, a form of private equity financing provided by investors to startups and small businesses with long-term growth potential.
AVC
Average Variable Cost, which is the total variable costs (costs that change with production levels) divided by the quantity of output produced.
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